Hello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range zone and has reached the bottom of the channel and the key level of 1.42500. If the price can stabilize itself at the bottom of the channel and the line If it breaks the downward trend, we expect it to grow around the price of 1.44200. Considering that the price has had a sharp fall, there is a high probability that it will break the bottom of the channel downwards if the price can break 1.42300 and at the bottom of this If the price can stabilize itself, we can expect the upward trend line and also the key area of 1.38700 to fall. Good luck.